I've always liked the fact on cutting down on titles. Nowadays it seems like everyone gets called a champ. I kinda like 2 titles per weightclass though to help build up a mega fight between the 2 title holders.

it's the same thing when you've got a 1 and two contender for a vacant lineage, or a number one contender challenging the champion

walt liquor said it best:
yes.... and?

it will never happen. boxing exists only because it makes people money.